Hawkish US Fed tone hits D-Street; Sensex slips 179 pts; IT stocks shine
A mild recovery post a gap-down start quickly dismantled during the last hour of the session as market participants offloaded metal and rate-sensitive counters
 "MARKET LIVE: Sensex dips 300 pts, Nifty below 15,700; India VIX up 4%")
Stock market updates: A surprisingly hawkish tone by the US Federal Reserve -- where it guided for two potential rate hikes in 2023 -- crushed equities across the globe on Thursday as investors feared global central banks may hike rates sooner than expected.
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First Published: Jun 17 2021 | 8:08 AM IST
